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AKvetch

07/18/02 7:57 AM

#4649 RE: kron7777 #4647

Would you please provide a reference to that rule? Thanks. AK

Stormrider

07/18/02 8:25 AM

#4655 RE: kron7777 #4647

Actually you only need 4 or more trades within a 5-day business period to be considered a pattern day trader. Once classified as a pattern day trader you must have 25,000 in cash or equity in your account. That's my read on the rules.
Mike